Jul. 4 at 2:52 PM
$RDW -Over the weekend, Redwire (RDW) was hit with a Sell rating from Wall Street Zen, but let’s be honest — this call looks late to the dance and more like an attempt to influence price ahead of the August 5th earnings release than a serious piece of analysis. The downgrade leans on last quarter’s EPS miss and negative margins, which is stale data at this point. Since then, RDW has stacked up meaningful defense contracts — supplying drones to Taiwan’s Coast Guard, expanding NATO UAS work, and securing U.S. Army Stalker orders all of which materially shift the trajectory. The real story here is RDW’s expanding role in the Pentagon’s drone ecosystem, with contracts and backlog growth driving momentum. The market doesn’t trade on stale EPS misses; it trades on forward contracts, backlog conversion, and margin trajectory. August 5th is the real checkpoint. RDW remains a momentum name in the defense sector, and the flow is with the contracts, not the critics. May the flow be with you.
